consumption to decline. Especially, from the tourism sector and airlines had to suspend services. With the culmination of events being the declaration of the state of emergency and social distancing policies
enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily
allowing those who meet qualification and criteria, and wish to travel into Thailand must enter into the state quarantine program or alternative state quarantine program or alternative hospital quarantine
referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business
of the previous quarter. The sales volume returned to their former state in June after the various measures have been eased. Net marketing margin per unit increasing after proportion of retail channel
repayment of short-term loan of Baht 304 million. (2.7) Financial Ratios Financial Ratios As at June 30, 2017 As at December 31, 2016 Current Ratio (Times) 1.24 1.02 Quick Ratio (Times) 0.69 0.51 Cash flow
As at December 31, 2016 Current Ratio (Times) 0.93 1.25 Quick Ratio (Times) 0.46 0.61 Cash flow Liquidity Ratio (Times) 0.72 0.66 Account Receivable Turnover Ratio (Times) 7.76 7.61 Average Collection
stimulate government and state-owned enterprises’ spending. Overall, the Thai economy is on course for a steady year of growth, according to the Bank of Thailand, with its GDP growth in 2018 revised up to 4.4
million baht 1,247 1,247 1,247 ratios Key financial Liquidity ratios Current ratio times 3.09 3.14 3.31 Quick ratio times 2.35 2.47 2.67 Cash ratio times 0.37 0.45 0.68 Receivable turnover times 4.71 4.67
oil price is further backed by concerns over supply after the replacement of the US Secretary of State, creating tension that the US may revisit its sanction policy on Iran with respect to the country’s